Friday, May 30, 2008

As been polite person ( sometimes ) I dislike to label people, especially people who proved their ability to make money, if not in the stock market, but at least, on "self marketing" - you better be lucky than smart...Anyhow, just caught segment of "Mad Money for Dummies" where Mr. Cramer announced that he is an idiot because he bought Citrix Systems ( CTXS) in the Spring of 2006. In this particular case I really have to respectfully agree with Mr. Cramer, especially since he probably bought it from me - I sold CTXS on the week of May 1st of 2006. Not because he was anxious to buy from me, but because I wanted to sell the stock which exhibited the signs of possible collapse. Below are weekly and monthly charts of CTXS with sell signals for that time period.

"Mad Money" rules! At least for as long as hopeful lazy ignorance exists - which is - forever.

Follow

Recent Disqus Comments

Disclaimer

Disclaimer: This website may include stock and market analysis. Any opinions, ideas, views and statements expressed here are opinion only, subject to change without notice and for informational purposes only. Trading stocks carries a high degree of risk. It is possible that an investor may lose part or all of their investment. Accuracy and timeliness of any information is not guaranteed and should only be used as a starting point for doing independent additional research allowing the investors to come to his or her own opinion. Nothing on this blog is to be considered a buy, hold or sell recommendation. Any investments, trades and/or speculations made in light of the opinions, ideas, and/or forecasts expressed or implied herein are committed solely at your own risk, financial or otherwise. Results are dependent on market conditions, timing and trading style. This blog is not affiliated with Tom DeMark in any way and does not claim to represent his estate or personal views. Any references to Tom DeMark or any of his indicators are for educational use only. Comments posted on Disqus Threads are not moderated and are not representative of opinions of authors of this site.

Translation: You are responsible for your own investment decisions.
Not anyone else.
YOU.

Position disclaimer: Authors might OR might not have position/interest in securities mentioned on this site!

If you still don't get it - here it is in plain English by Special Keirsten

For newbies and lurkers out there: You will read many, many various trading observations,opinions and calls on this blog, from bullish to bearish- that’s why we’re different here. You will often see us challenge each other- and often. It is YOUR responsibility to understand and/or ask questions if you’re confused or want help/further opinion… we can’t read your mind. This is a place of learning and sharing, but the trading is YOUR responsibility alone, not ours. Rule #1- never take a trade that is not based on your own T/A and choice. Lead yourself, do not follow. I can’t emphasize that enough. Read the disclaimer at the bottom of this blog site completely, if you haven’t already. I have seen plenty of “gurus” with loads of happy followers take their trades blindly with both good AND bad results - don’t let yourself be one of those people

Blogs of interest

Affiliations:

Privacy Policy:
Correspondents' emails are strictly confidential. The third-party advertising placed by ad networks may collect information for ad targeting or store cookies. Links for commercial sites are paid advertisements. Blog links on the site are posted at my discretion, without compensation of any kind.

Disclaimer: This website may include stock and market analysis. Any opinions, ideas, views and statements expressed here are opinion only, subject to change without notice and for informational purposes only. Trading stocks carries a high degree of risk. It is possible that an investor may lose part or all of their investment. Accuracy and timeliness of any information is not guaranteed and should only be used as a starting point for doing independent additional research allowing the investors to come to his or her own opinion. Nothing on this blog is to be considered a buy, hold or sell recommendation. Any investments, trades and/or speculations made in light of the opinions, ideas, and/or forecasts expressed or implied herein are committed solely at your own risk, financial or otherwise. Results are dependent on market conditions, timing and trading style. This blog is not affiliated with Tom DeMark in any way and does not claim to represent his estate or personal views. Any references to Tom DeMark or any of his indicators are for educational use only. Comments posted on Disqus Threads are not moderated and are not representative of opinions of authors of this site.

Translation: You are responsible for your own investment decisions.Not anyone else.YOU.

Position disclaimer: Authors might OR might not have position/interest in securities mentioned on this site!